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CryptoGlobe 2024-10-18 02:01:00

Spot Bitcoin ETFs Surpass $20 Billion in Inflows as Price Hovers $67,000 Mark

The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $20 billion in total inflows, with BlackRock’s iShares Bitcoin Trust (IBIT) leading with $22.4 billion inflows. According to data shared by Bloomberg’s senior ETF analyst Eric Balchunas on the microblogging platform X, these

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